Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$272,412$270,000
Remaining term (yrs)27.130.0
Secondary amount$0$0
Funding fee$1,362$0
Note rate7.570%7.400%
Blended rate7.570%7.640%
1st payment$1,970.54$1,869.43
2nd payment$0.00$0.00
Taxes / mo$122.75$122.75
Insurance / mo$150.00$150.00
MI / mo$0.00$54.00
HOA / mo$35.00$35.00
Total monthly$2,278.29$2,231.18
Cash to close$27,588$30,000